# Investors in Indonesia (2026 list)

> 19 investors in Indonesia, 42% active in the last 12 months. Led by East Ventures, Accion Venture Lab, SBI Group. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-in-indonesia (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors in Indonesia

Updated 7 November 2026

Firms observed in a round raised by a company in Indonesia in the last two years, wherever the firm itself is based. What matters to a founder is who writes cheques into their market.

[See all 19 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-indonesia)The top 19

**19** investors on the list No change this week

**76** cheques in 12 months *-19%* against the market

**$4.3M** median round they joined *-46%* against the market median

**42%** wrote a cheque in 12 months

**63%** have led a round

## The Top 19

Ordered by cheques observed, never by anything anyone paid for

Deploying now (8)

- 1 [East Ventures](https://millionrounds.com/fund/east-ventures) *Deploying now* VC firm · Singapore **367** **$2.8M** median round **Oct 2026** last seen
- 2 [Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab) *Deploying now* VC firm · United States **71** **$7M** median round **Oct 2026** last seen
- 3 [SBI Group](https://millionrounds.com/fund/sbi-group) *Deploying now* Growth equity **57** **$14M** median round **Nov 2026** last seen
- 4 [PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) *Deploying now* Corporate VC · United States **34** **$24M** median round **Mar 2026** last seen
- 5 [Square Peg](https://millionrounds.com/fund/square-peg-2) *Deploying now* VC firm · Australia **31** **$26M** median round **Nov 2026** last seen
- 6 [Cento Ventures](https://millionrounds.com/fund/cento-ventures) *Deploying now* VC firm · Singapore **10** **$4.4M** median round **Oct 2026** last seen
- 7 [1982 Ventures](https://millionrounds.com/fund/1982-ventures) *Deploying now* VC firm · Singapore **7** **$2.8M** median round **Sept 2026** last seen
- 8 [ADB Ventures](https://millionrounds.com/fund/adb-ventures) *Deploying now* Corporate VC · Philippines **6** **$19M** median round **Oct 2026** last seen
- 9 [Init 6](https://millionrounds.com/fund/init-6) quiet VC firm · Indonesia **5** **$2.3M** median round **May 2025** last seen
- 10 [Intudo Ventures](https://millionrounds.com/fund/intudo-ventures) quiet VC firm · Indonesia **5** **$4.3M** median round **Apr 2025** last seen
- 11 [313 Family Office](https://millionrounds.com/fund/313-family-office-2) quiet Family office · United States **1** **$47M** median round **Jul 2025** last seen
- 12 [First Move](https://millionrounds.com/fund/first-move) quiet VC firm · Singapore **1** **-** median round **May 2025** last seen
- 13 [Harbour Industrial Capital](https://millionrounds.com/fund/harbour-industrial-capital) quiet VC firm · Cayman Islands **1** **$1M** median round **Dec 2024** last seen
- 14 [NLS Ventures](https://millionrounds.com/fund/nls-ventures) quiet Family office · Hong Kong SAR China **1** **$1M** median round **Dec 2024** last seen
- 15 [Sansan](https://millionrounds.com/fund/sansan) quiet VC firm · Thailand **1** **$2.5M** median round **Jan 2025** last seen
- 16 [Next Billion](https://millionrounds.com/fund/next-billion) quiet Growth equity **1** **$47M** median round **Jul 2025** last seen
- 17 [O-DE Capital](https://millionrounds.com/fund/o-de-capital) quiet VC firm **1** **$1M** median round **Dec 2024** last seen
- 18 [Vertex Venture Southeast Asia & India](https://millionrounds.com/fund/vertex-venture-southeast-asia-and-india) quiet VC firm **1** **$17M** median round **Aug 2025** last seen
- 19 [strategic Polkadot ecosystem partners](https://millionrounds.com/fund/strategic-polkadot-ecosystem-partners) quiet VC firm **1** **$1M** median round **Dec 2024** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Future Secure AI](https://millionrounds.com/company/future-secure-ai)** Other · $80M *Led by* [Square Peg](https://millionrounds.com/fund/square-peg-2)
- **5** Nov **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *With* [SBI Group](https://millionrounds.com/fund/sbi-group)
- **31** Oct **[Finfra](https://millionrounds.com/company/finfra)** Series A *Led by* [ADB Ventures](https://millionrounds.com/fund/adb-ventures)
- **29** Oct **[PhotonPay](https://millionrounds.com/company/photonpay)** Series C · $40M *With* [SBI Group](https://millionrounds.com/fund/sbi-group)
- **27** Oct **[FinMaq](https://millionrounds.com/company/finmaq)** Series A · $6.5M *Led by* [Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab)
- **22** Oct **[Cuttable](https://millionrounds.com/company/cuttable)** Series A · $20M *With* [Square Peg](https://millionrounds.com/fund/square-peg-2)

## Stages This Year

73 rounds

- Seed **30%**
- Series A **23%**
- Venture **14%**
- Series B **8%**
- Series C **8%**
- Other **16%**

## What They Backed

Sectors, last 12 months

- AI **25**
- Fintech **21**
- Financial Services **11**
- Web3 & Crypto **5**
- Big Data & Analytics **4**
- Construction **4**

## Cheques by Quarter

Led Joined

26 Q1 25

19 Q2 25

29 Q3 25

20 Q4 25

29 Q1 26

12 Q2 26

15 Q3 26

13 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors in United States 5,827](https://millionrounds.com/lists/investors-in-united-states)
- [Investors in United Kingdom 1,889](https://millionrounds.com/lists/investors-in-united-kingdom)
- [Investors in Germany 898](https://millionrounds.com/lists/investors-in-germany)
- [Investors in Canada 868](https://millionrounds.com/lists/investors-in-canada)
- [Investors in Australia 853](https://millionrounds.com/lists/investors-in-australia)
- [Investors in France 771](https://millionrounds.com/lists/investors-in-france)
- [Investors in India 756](https://millionrounds.com/lists/investors-in-india)
- [Investors in Brazil 584](https://millionrounds.com/lists/investors-in-brazil)
- [Investors in Netherlands 569](https://millionrounds.com/lists/investors-in-netherlands)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors in Indonesia

### Who are the most active investors in Indonesia?

By cheques observed, the most active are East Ventures, Accion Venture Lab, SBI Group, PayPal Ventures and Square Peg.

### How many investors in Indonesia are there?

19 are on record. 42% made an investment in the last 12 months and 63% have led a round.

### Which stages do investors in Indonesia back?

Of the rounds with a named stage in the last 12 months, mostly Seed (39%) and Series A (30%).

### How big are the rounds investors in Indonesia join?

The typical (median) round among the leading investors here is $4.4M.

### Which sectors do investors in Indonesia back most?

In the last 12 months, mostly AI, Fintech and Financial Services.

### Which investors in Indonesia lead the most rounds?

Square Peg (10 led), PayPal Ventures (9 led) and Cento Ventures (6 led).

### Where are investors in Indonesia based?

Among the most active, most are based in Singapore (4), the United States (3) and Indonesia (2).

### What have investors in Indonesia invested in recently?

Recent rounds include Future Secure AI (Other, Nov 2026, with Square Peg), Soter Insure (Series B, Nov 2026, with SBI Group) and Finfra (Series A, Oct 2026, with ADB Ventures).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
